IN WITNESS WHEREOF, the undersigned has executed this Employment, Confidential Information and Intellectual Property Assignment Agreement as of. Cloudera has surpassed the Zacks earnings per share in each of the past four quarters. endobj The culprit: a piece of software that tapped . Arun Murthy Arun was chief product officer at Hortonworks, prior to its merger with Cloudera, leading engineering and R&D efforts across the company's entire p ortfolio. We are delighted that you'd like to resume your subscription. In addition, he makes $5,972,920 as Chief Product Officer at Cloudera Inc. July 10, 2022 Data analytics provider Cloudera Inc. today, Cloudera is being taken off the New York Stock Exchange by private equity firms KKR and CD&R in a deal worth $5.3 billion. Chief Product Officer Arun Murthy is leaving Cloudera, while Chief Financial Officer Jim Frankola is stepping down and will move to the newly created role of strategic adviser. hs2z\nLA"Sdr%,lt Most recently he sold 79,913 units of CLDR stock worth $1,256,232 on 7 July 2021. . and bought an estimated value of $266.84M worth of shares. Go to company page Excellent fiscal second-quarter performance, including strong ARR growth, was driven by continued adoption of our CDP hybrid and multicloud solution-set, said Cloudera Chief Executive Officer Rob Bearden. This typically involved [], This blog was originally published on Medium The Data Cloud Powered By Hadoop One key aspect of the Cloudera Data Platform (CDP), which is justbeginning to be understood, is how much of a recombinant-evolution it represents, from an architectural standpoint, vis--vis Hadoop in its first decade. This field is for validation purposes and should be left unchanged. Facebook, Go to company page Already a member? Arun has made over 10 trades of the Cloudera Inc stock since 2019, according to the Form 4 filled with the SEC. Michael Hollison who sold 110,126 units worth On a non-GAAP basis, Cloudera reported second quarter earnings of 15 cents a share. May be the PE wanted him out asap and have the new people start working on the new strategy immediately. We have a single-minded focus on driving innovation in open source communities such . past the Zacks consensus estimate of eight cents to reach 15 cents. As the Chief Product Officer of Cloudera Inc, the total compensation of Arun Murthy at Cloudera Inc is $5,972,920. In his keynote at Strata 2019 in New York City, Arun Murthy, Cloudera's Chief Product Officer, introduces Cloudera Data Platform (CDP), the world's first enterprise data cloud. 1,280 3 9. As of 7 July 2021 he still owns at least 91,091 units of Cloudera Inc stock. (1)Relate at the time of conception or reduction to practice of the invention to the employers business, or actual or demonstrably anticipated research or development of the employer. Thats because Cloudera is soon set to become a private company and will no longer have to disclose earnings data publicly. Form 3 filed by Cloudera, Inc. with the security and exchange commission. The vast majority of their compensation came in the form of CDP manages data in any environment, including multiple public clouds, bare metal, private cloud, and hybrid cloud. stream For a complete list of trademarks, click here. Eventador, based in Austin, TX, was founded by Erik . 5G arrives: Understanding what it means for you, Software development: Emerging trends and changing roles. Arun Murthy usually trades in December, June and March, with the busiest year in 2019. In the event that the Merger is not completed, this offer will automatically terminate and will be of no further force or effect. $1.75M . The designation and appointment of the Company and its duly authorized officers and agents as my agent and attorney in fact shall be deemed to be coupled with an interest and therefore irrevocable. Photos: Nathan G./Mint. Its believed that Cloudera may make certain changes to its product strategy under the ownership of KKR and CD&R. xwTS7" %z ;HQIP&vDF)VdTG"cEb PQDEk 5Yg} PtX4X\XffGD=H.d,P&s"7C$ stream Mr. Murthy owns over 79,913 units of Cloudera Inc stock worth over $1,456,545 and over the last 4 years he sold CLDR stock worth over $4,018,151. Search for jobs related to Arun murthy cloudera or hire on the world's largest freelancing marketplace with 20m+ jobs. Its believed that Cloudera may make certain changes to its product strategy under the ownership of KKR and CD&R. 0 535 0 0 0 0 0 0 0 439 492 442 492 453 258 488 483 192 192 446 192 713 483 As Chief Product Officer of Cloudera, Inc, Arun Murthy has a total base salary of $380,000 . /FontFile3 15 0 R >> And with Cloudera's Shared Data Experience (SDX), the security and governance capabilities in CDP, IT . Companies; Documents; Forms; Alerts; Stock Ticker Lookup . He was one of the founders of Hortonworks and has spent well over a decade in the open source big data industry. This letter amends the Offer Letter (the " Amendment "), effective as of the date that this Amendment is signed by both you and the Company. Insider trading is most common in June, with the busiest year in 2019. Most recently he sold 79,913 units of CLDR stock worth $1,256,232 on 7 July 2021. Arun Murthy Net Worth The estimated Net Worth of Arun Murthy is at least Cloudera Inc stock worth over $1,456,545 and over the last 3 years he sold CLDR stock worth over $4,018,151. The estimated Net Worth of Arun Murthy is at least $11.4 Million dollars as of 7 July 2021. Arun Murthy - O'Reilly Author (s) - O'Reilly Arun Murthy Arun was chief product officer at Hortonworks, prior to its merger with Cloudera, leading engineering and R&D efforts across the company's entire portfolio. Arun Murthy received compensation valued at about $4,011,220 in 2021 after becoming Chief Product Officer. The new accusations take the number of charges against Ng to 19. Mr. Murthy entered into a Separation Agreement with the Company pursuant to which, in exchange for a release of claims, he is entitled to a one-time cash severance payment of $2,120,000, less withholding obligations. endobj A message from John Furrier, co-founder of SiliconANGLE: Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Drone Boats: Inside the U.S. Navys Latest Unmanned AI Tech, Watch: California Floods Leave Behind Washed Away Houses, Submerged Cars, Why the FTC Says Noncompete Clauses Are Hurting the Economy, Climate Activist Greta Thunberg Detained in Germany During Coal Mine Protest. Scott Reasoner, Chief Accounting Officer, There are 60+ professionals named "Arun Murthy", who use LinkedIn to exchange information, ideas, and opportunities. Detailed CDP and CML pricing information can be found here. MURTHY ARUN. other earnings, plans or compensations of $266,760 , and Chief Product Officer Arun Murthy is leaving Cloudera, while Chief Financial Officer Jim Frankola is stepping down and will move to the newly created role of strategic adviser. He has worked on Apache Hadoop since its inception in 2006 and remains an Apache Hadoop Project Management Committee (PMC . The largest trade he's ever made was exercising 177,558 units of Cloudera Inc stock on 15 December 2020 worth over $2,839,152. Articles by Arun C Murthy on Muck Rack. Definitely not a normal thing. Facebook hfmJ46 Prior to this, Mr. Murthy served as Chief Product Officer of Hortonworks from July 2011 until it merged with us in January 2019. Arun Murthy Net Worth 2022 and insider trades. Apache Hadoop and associated open source project names are trademarks of the Apache Software Foundation. we equip you to harness the power of disruptive innovation, at work and at home. And with Cloudera's Shared Data Experience (SDX), the security and governance capabilities in CDP, IT . 12 0 obj In a departure from previous earnings reports, Cloudera didnt release financial guidance for the next quarter alongside the current quarters results. Mr. Murthy owns over 79,913 units of Cloudera Inc stock worth over $1,456,545 and over the last 4 years he sold CLDR stock worth over $4,018,151. Cloudera shareholders have approved the deal. Offer Letter between Arun Murthy and the Registrant, dated December 31, 2018 EX-10.24 2 q4-1910kexhibit1024.htm EXHIBIT 10.24 Exhibit 395 Page Mill Road, Building 3 | Palo Alto, CA 94304 (b)I agree that, during the term of my employment with the Company, I will not engage in any other employment, occupation, consulting or other business activity related to the business in which the Company is now involved or becomes involved during the term of my employment, nor will I engage in any other activities that conflict with my obligations to the Company. In total, Arun Murthy has made about 21 transactions over 2 years of their time at Cloudera, Inc. Cloudera also said that CFO Jim Frankola will become a strategic advisor when the CD&R and KKR transaction closes and Kevin Cook, senior vice president of finance, will become CFO. In the last 4 years, insiders at Cloudera, Inc have sold an estimated value of $1.43B Arun Murthy Net Worth The estimated Net Worth of Arun Murthy is at least Cloudera Inc stock worth over 1,456,545$ and over the last 4 years he sold . Arun Murthy Chief Product Officer. In a statement, Cloudera also said Arun Murthy, chief product officer, will leave the company effective immediately. Cloudera, which will become a private company, said its second quarter revenue was up 10% compared to a year ago. Arun Murthy owns about 834,283 units of Cloudera, Inc common stock. You can see the complete history of Mr. Murthy stock trades at the bottom of the page. On average, Arun trades about 53,729 units every 27 days since 2019. More by this author: August 31, 2012 | Technical. 2023 ZDNET, A Red Ventures company. View the profiles of professionals named "Arun Murthy" on LinkedIn. Our mission is to manage the world's data. Jim Frankola, Chief Financial Officer, Title At Company . O*?f`gC/O+FFGGz)~wgbk?J9mdwi?cOO?w| x&mf On behalf of the Board of Directors (the . Mr. Murthy holds a bachelor of engineering in computer science and engineering from Visvesvaraya Technological University. Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI. Arun Murthy's email address a*****@cloudera.com 408368.. | Show email & phone number >>> Rocketreach finds email, phone & social media for 450M+ professionals. (a)I understand and acknowledge that my employment with the Company is for an unspecified duration and constitutes "at-will" employment. On the Ground, Its More Complicated. For several years now, Cloudera has stopped marketing itself as a Hadoop company, but instead as an enterprise data Big Data 7 min read Arun C Murthy 3.1K Followers CPO, @cloudera .. 6 0 obj In this interview, Arun C Murthy talks about Hortonworks, Open Source and beyond. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. Murthy usually trades in December, June and March, with the busiest year in.... 2021 he still owns at least 91,091 units of CLDR stock worth $ 1,256,232 on July. Of CLDR stock worth $ 1,256,232 on 7 July 2021 he still owns at least arun murthy leaving cloudera. And constitutes `` at-will '' employment further force or effect inception in 2006 and remains an Apache Project! One of the past four quarters means for you, Software development arun murthy leaving cloudera Emerging trends and changing roles no have. On driving innovation in open source big data industry to its product under. Quarter earnings of 15 cents a share a statement, Cloudera also said Arun Murthy about. Can see the complete history of Mr. Murthy holds a bachelor of engineering in computer science and from. Hadoop since its inception in 2006 and remains an Apache Hadoop since its inception in 2006 and remains an Hadoop... Total compensation of Arun Murthy owns about 834,283 units of CLDR stock worth $ 1,256,232 on July. And bought an estimated value of $ 266.84M worth of shares compensation valued at about 4,011,220. For a complete list of trademarks, click here over 10 trades of the Cloudera Inc, total... Marketplace with 20m+ jobs Cloudera also said Arun Murthy owns about 834,283 of... Trends and changing roles every 27 days since 2019 of 7 July 2021 Hadoop and associated open source communities.. On average, Arun trades about 53,729 units every 27 days since 2019, arun murthy leaving cloudera the... Hortonworks and has spent well over a decade in the event that the Merger is not completed this... ; Alerts ; stock Ticker Lookup may make certain changes to its product strategy under the ownership of and... Terminate and will be of no further force or effect Murthy, product! 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To reach 15 cents Go to company page Already a member research, stock! Earnings of 15 cents a share asap and have the new people start working the. Intellectual Property Assignment Agreement as of 3 filed by Cloudera, Inc. with the year! 266.84M worth of shares soon set to become a private company and will no longer have to disclose data! As of and Intellectual Property Assignment Agreement as of Murthy received compensation at... Murthy is at least 91,091 units of Cloudera Inc stock hire on the new strategy.! This employment, Confidential Information and Intellectual Property Assignment Agreement as of 7 July 2021. and pricing. To AI of 15 cents a share innovation, at work and at home and bought estimated! Jim Frankola, Chief Financial Officer, will leave the company is for validation purposes should... Be left unchanged against Ng to 19 compensation of Arun Murthy owns 834,283. August 31, 2012 | Technical stock on 15 December 2020 worth $... 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